S.J.S. Enterprises Limited has issued a notice for a postal ballot to seek shareholder approval for shifting its registered office from the State of Karnataka to the State of Maharashtra. The proposal was approved by the Board of Directors at their meeting held on August 06, 2026.

Key Dates and Voting Details

  • Cut-off Date: Friday, July 31, 2026 - Only members registered as of this date are eligible to vote
  • E-voting Period: Commences Saturday, August 08, 2026 (9:00 am IST) and ends Sunday, September 06, 2026 (5:00 pm IST)
  • Result Declaration: The scrutinizer will submit the report within 2 working days from the end of e-voting, and results will be declared by the Chairman or authorized person
  • Deemed Passing Date: If approved, the resolution will be deemed passed on September 06, 2026 at 5:00 pm IST

Service Providers

  • E-voting Service Provider: MUFG Intime India Private Limited
  • Scrutinizer: Mr. Ananta R Deshpande, Practicing Company Secretary (FCS 11869, CP No: 20322)

Proposed Resolution Details

ITEM NO. 1: Shifting of Registered Office from Karnataka to Maharashtra and Consequential Amendment to Memorandum of Association

Current Registered Office: Sy No 28/P16 of Agra Village and Sy No 85/P6 of B.M Kaval Village, Kengeri Hobli, Bangalore 560 082, Karnataka, India

Proposed Registered Office: Plot No. G-4, MIDC Ranjangaon, Village - Karegaon, Tal - Shirur, District – Pune-412220, Maharashtra

Rationale for Shift:

  • Strategic review of business needs, geographic footprint, and stakeholder interface requirements
  • Significant expansion in Maharashtra through greenfield investments and acquisitions
  • Maharashtra has become a key operational hub with manufacturing facilities in Pune
  • Operations of material subsidiaries SJS Decoplast Private Limited and Walter Pack Automotive Products India Private Limited are located in Maharashtra
  • To facilitate ease of management and administration with other group entities
  • Achieve operational convenience and centralized location for day-to-day business administration

Consequential Change: The 2nd Clause of the Memorandum of Association will be amended to state: "The Registered Office of the Company will be situated in the State of Maharashtra."

Regulatory Approvals Required

The shift requires:

1. Special Resolution approval through postal ballot

2. Subsequent approval from the Central Government through the appropriate Regional Director

3. Filing of eForm INC-23 with the concerned Regional Director

4. Other regulatory/statutory approvals as may be required

Financial and Operational Impact

The disclosure does not quantify any specific financial impact. The move is presented as strategic for operational convenience and administrative efficiency.

Documents Availability

Draft of the revised Memorandum of Association and related documents are available for electronic inspection without fee until September 06, 2026 at 5:00 pm IST. Members can request access by email to compliance@sjsindia.com with their name, folio no./client ID, DP ID, and self-attested PAN copy.

Voting Instructions

The notice provides detailed remote e-voting instructions for:

  • Individual shareholders holding securities in demat mode with NSDL and CDSL
  • Institutional shareholders/corporate bodies/custodians/mutual funds
  • Shareholders holding physical shares